07/28/2014
SEC says Texas tycoon Sam Wyly and the estate of his late brother Charles should pay damages totaling $1.41 billion for their role in a scheme that hid trades in companies they controlled using offshore trusts.
http://www.reuters.com/article/2014/07/26/us-sec-wyly-idUSKBN0FV0ND20140726
NEW YORK (Reuters) - Texas tycoon Sam Wyly and the estate of his late brother Charles should pay damages totaling $1.41 billion for their role in a scheme that hid trades in companies they controlled using